GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Liantronics Co Ltd (SZSE:300269) » Definitions » Total Inventories

Shenzhen Liantronics Co (SZSE:300269) Total Inventories : ¥192.8 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Shenzhen Liantronics Co Total Inventories?

Shenzhen Liantronics Co's total inventories for the quarter that ended in Mar. 2024 was ¥192.8 Mil. Shenzhen Liantronics Co's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ¥201.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Shenzhen Liantronics Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ¥-0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Shenzhen Liantronics Co's Days Inventory for the three months ended in Mar. 2024 was 181.03.

Inventory Turnover measures how fast the company turns over its inventory within a year. Shenzhen Liantronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.50.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Shenzhen Liantronics Co's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.41.


Shenzhen Liantronics Co Total Inventories Historical Data

The historical data trend for Shenzhen Liantronics Co's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shenzhen Liantronics Co Total Inventories Chart

Shenzhen Liantronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 295.85 198.33 192.08 264.59 210.89

Shenzhen Liantronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 267.67 248.03 261.67 210.89 192.84

Shenzhen Liantronics Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Shenzhen Liantronics Co  (SZSE:300269) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Shenzhen Liantronics Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(288.97+0.75 * 98.881+0.5 * 192.842-888.693
-0-0)/549.114
=-0.78

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Shenzhen Liantronics Co's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=201.8645/101.752*365 / 4
=181.03

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Shenzhen Liantronics Co's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=101.752 / 201.8645
=0.50

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Shenzhen Liantronics Co's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=201.8645 / 143.382
=1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Shenzhen Liantronics Co Total Inventories Related Terms

Thank you for viewing the detailed overview of Shenzhen Liantronics Co's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Shenzhen Liantronics Co (SZSE:300269) Business Description

Traded in Other Exchanges
N/A
Address
3rd Liuxian Road, Antongda Industrial Zone, Liantronics Building, 2nd Floor, 68 Block Baoan, Bao'an District, Shenzhen, CHN, 518101
Shenzhen Liantronics Co Ltd is a China based company engaged in designing, manufacturing, selling and providing services for LED video display systems, LED message boards and LED lighting systems in China. It offers system solutions for medium and high-end LED full color display products. The company offers its products and solutions in China and other international countries. It provides products such as Fine pitch LED display, indoor fixed LED display, outdoor fixed LED display, indoor and outdoor rental LED display and other products. The company offers solutions for Broadcasting Studio, Stage LED Display, Mobile LED Display, Stadium LED Display, and others.
Executives
Xie Zhi Ming Supervisors
Liu Hu Jun Directors, executives
Wang Feng Directors, executives
Wang Guang Yan Executives
Zhong Ju Ying Directors, executives
Zhang Ai Ming Supervisors
Jiang Hao Executives
Huang Yun Wei Executives
Xiang Jian Yong Executives
Yao Tai Ping Director
Zhang Yan Jun Director
Qian Ke Yuan Independent director
Wang Yi Jian Executives
Wang Gang Supervisors

Shenzhen Liantronics Co (SZSE:300269) Headlines

No Headlines